CAMPBELL, Calif., Feb. 25, 2015 (GLOBE NEWSWIRE) -- ForeScout Technologies, Inc., a leading provider of continuous monitoring and mitigation solutions that help enterprises prevent and respond to cyberthreats, has named veteran industry executive Michael P. DeCesare, former president of Intel Security, as its new chief executive officer. The addition of DeCesare to ForeScout's executive team will serve to accelerate the company's rapid growth in the information security market. He will assume the role of CEO on March 2, 2015.
"The explosion of mobile devices, cloud and wireless access has thrown a giant spotlight on securing the network. This is where the action is, and the rapid growth of network security companies proves it," said DeCesare. "I've admired ForeScout's technology as second to none, and there is no question that in the age of big breaches, ForeScout is poised to become a significant player with an important role in restoring trust and confidence in the digital environment. I couldn't be more excited to join ForeScout and lead their march forward."
DeCesare brings more than 20 years' experience of leadership with innovative security companies. While serving as the former president of Intel Security, previously McAfee, the company posted multiple quarters of double-digit revenue growth under his guidance. Prior to his role with Intel Security, DeCesare held senior roles at EMC, Documentum and Oracle.
"Michael DeCesare is a security industry trailblazer and the type of leader that will further drive ForeScout¹s success," said ForeScout board member Enrique Salem, the former CEO of Symantec and current managing director at Bain Capital Ventures. "ForeScout brings a level of innovation and automation and the ecosystem needed to protect resources and data in today's increasingly complex and challenging infrastructure and threat landscape."
"ForeScout has enjoyed great success, but we've only just begun. We are in a position to truly revolutionize the security space," said Hezy Yeshurun, co-founder and chairman of the board of ForeScout. "As we embark on our next growth phase, Michael DeCesare is the visionary we wanted to help ForeScout capitalize on the opportunities ahead."
ForeScout's flagship product, ForeScout CounterACT™, provides real-time network visibility into users, devices including BYOD, systems and applications. CounterACT helps IT organizations better understand their security posture and automate responses to a wide variety of security issues. Powered by ForeScout ControlFabric™ architecture, CounterACT serves as a platform for other security products to exchange information and mitigate exposures. As a result, CounterACT allows organizations to preempt and contain security incidents more effectively and to further optimize their resources.
ForeScout experienced significant growth and achievements in 2014. For example:
- More than 1,800 enterprise and military customers across 62 countries use ForeScout to improve their network security and manage risk.
- ForeScout has been named a leader in the Gartner Magic Quadrant for NAC for four consecutive years (2011 – 2014).
- ForeScout CounterACT has received numerous industry awards, including the 2014 Frost & Sullivan Technology Innovation Leadership Award for Network Security.
- ForeScout's ControlFabric architecture has enabled integrations with more than 60 leading hardware and software IT products.
ForeScout interim CEO T. Kent Elliott will continue as a non-employee member of the company's Board of Directors after serving as interim CEO since July 2014. Elliott will provide strategic insight and counsel to ForeScout's executive management team.
About ForeScout Technologies, Inc.
ForeScout delivers continuous monitoring and mitigation security solutions that help enterprises prevent and respond to cyberthreats. The company's CounterACT appliance dynamically identifies and evaluates network users, endpoints and applications to provide visibility, intelligence and policy-based mitigation of security problems. ForeScout's open ControlFabric architecture allows a broad range of IT security products and management systems to share information and automate remediation actions. Because ForeScout's solutions are easy to deploy, unobtrusive, extensible and scalable, as of January 1, 2015, they have been chosen by more than 1,800 of the world's most secure enterprises and government agencies in more than 62 countries. Headquartered in Campbell, California, ForeScout offers its solutions through its global network of authorized partners. Learn more at www.forescout.com.
©2015 ForeScout Technologies, Inc. is a privately held Delaware corporation. ForeScout, the ForeScout logo, ControlFabric, ActiveResponse and CounterACT are trademarks or registered trademarks of ForeScout. Other names mentioned may be trademarks of their respective owners.
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Source:ForeScout Technologies Inc.